It still depends on the reef itself, I do not do water changes because I dont need to. Stable water conditions depend on the balance between nutrient input and nutrient consumption.
I am probably in the extreme minority, but I have no fish in my reef tank. So, I do not add fish food(nutrient input) to the tank. The corals I have demand very little in the way of nutrients that is not supplied in the Marinesnow and Aragamilk I feed the tank. Since I dont use a skimmer I do not remove the naturally occuring microfauna and microorganisms that are being generated within the Live rock of the reef.
I have a very diverse reef tank with organisms growing that I havent seen in any other tank. For Instance, the back of the reef rocks that is always shaded, It is being covered in a transluscent white sponge. I have read in more then one ocassion that sponges will not usually survive in a tank because of a lack of microorganisms it needs to feed itself, yet it grows rampant in my tank.
Water changes are a tradition, but I dont believe it mandatory for all tanks.